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Wait the price to hit level (0/8)

04 August 2015, EUR/USD

Wait the price to hit level (0/8)

four-hours' chart of EURUSD. During the last day we have noticed no significant changes on the chart. Therefore, the main scenario remains to be the same, we are waiting for decline the pair with the target based on the main level of support (0/8). This option will be canceled if the price consolidates above the area formed by the level (2/8) and the four-hours' Day Supertrend Line.

Nikolay Krishtopov
FreshForex Analyst
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